Answer:
"Multiply the previous value by 2"
Explanation:
Let's check the first 2 terms for all the answer choices.
1. Add
to the previous value:

Doesn't match.
2. Subtract
from the previous value:

Doesn't match.
3. Divide the previous value by 2:

Doesn't match.
4. Multiply the previous value by 2:

DOES WORK!
Also, doing the same thing with all the other values would give us matching answer. So this choice is right.